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Arizona files criminal charges against prediction market Kalshi

Arizona has become the first state to file criminal charges against Kalshi, accusing the prediction market platform of operating an illegal gambling business within its borders.

Arizona on Tuesday became the first state to file criminal charges against Kalshi, accusing the prediction market company of operating an illegal gambling business within its borders, a significant escalation in the fight to regulate the popular plat… [3849 chars]

Source: The Associated Press | Published: 2026-03-17T22:56:02Z

Credit: The Associated Press

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